Voluntary Group Long-Term Disability
Why is long-term disability coverage important?
Income lost through disability is two times as great as auto accident losses and three times as great as fire losses.* Employee's Choice Voluntary Long-Term Disability Insurance is a cost-effective way to help protect employees' income in the event of any injury or sickness causing a long-term or permanent disability. This highly valued and desired employee benefit is at group rates. Because it is a voluntary plan, there is generally little or no cost to the employer.
Features
- A maximum monthly benefit from $300 to $3,000 (up to 60 percent of the employee's monthly pre-disability income)
- A choice of elimination periods (determined by the employer) of 90, 180 or 360 consecutive days for both injury and sickness (benefits begin the day after the elimination period is complete)
- A choice of benefit durations of either three years, five years or attaining age 65. Benefits to age 65 are available for Industries A and B only. (Exceptions will require Underwriting approval. View Industry Class Listing on page 6 of the Voluntary Long-Term Disability Insurance brochure found below.)
- Guaranteed issue
- Waiver of premiums Continuity of coverage
- Payroll deduction
Council for Disability Awareness
Please feel free to send me an email or call me at my office in Lafayette. My direct number is (337) 593 5736 – Outside the Acadiana Area call toll-free at 1-877-NOW-BILL (669-2455).